Home News Triovest Joins ‘Disclosure Challenge’ to Champion Building Data Transparency
All News

Triovest Joins ‘Disclosure Challenge’ to Champion Building Data Transparency

The Canada Green Building Council (CaGBC) has launched the CaGBC Disclosure Challenge initiative to support and champion the importance of data transparency in the Canadian real estate market and encourage broader uptake of benchmarking programs across the country.

Triovest Realty Advisors Inc., QuadReal Property Group and Concert Properties Ltd. Have volunteered to participate in the Challenge and will be fully disclosing energy, water and carbon data across their building portfolios. These organizations are not only pledging to be transparent with their building data now, but they are also demonstrating a commitment to the responsible management of their assets and, ultimately, to energy and greenhouse gas emissions reductions.

Tracking a building’s performance over time and publicly disclosing the data is not new. Many European and American states and cities have been requiring building energy disclosure and benchmarking for years. However, public energy disclosure is in its relative infancy in Canada. Currently, Ontario is the only province that requires building energy data to be publicly reported. With the Disclosure Challenge, CaGBC aims to demonstrate the value of data transparency and remove barriers within the wider real estate community, which will enable more municipal and provincial jurisdictions to move forward with requirements for the public reporting of building performance data.

“When collected and shared, building performance data is a powerful tool propelling Canada’s retrofit economy. With the Disclosure Challenge, we hope to increase understanding of how buildings are performing and where they can be improved. This in turn will help governments identify the sectors and building types most in need of retrofit to achieve maximum emissions reductions,” said Thomas Mueller, President and Chief Executive Officer at CaGBC. “We know the real estate industry supports disclosure in terms of good business practice and smart decision making for investments, but also as part of their role in supporting the low-carbon economy.”

The Institute for Market Transformation (IMT) in Washington, D.C. is a pioneer in the field of data disclosure. They endorse CaGBC’s Disclosure Challenge and encourage greater transparency when it comes to public energy disclosure.

“To voluntarily disclose is to boldly demonstrate that transparency is a core value and that a commitment to sustainability and continuous improvement is good business practice,” said Cliff Majersik, Executive Director of IMT. “The IMT commends CaGBC for hosting the Disclosure Challenge, which shines a light on valuable building energy information that sets a baseline for progress, allows for occupants and investors to make smarter leasing and purchasing decisions, and makes it easier for governments, utilities, and businesses to target market offerings and programs that help those most in need of assistance.”

The CaGBC will host a publicly-available interactive online mapping tool to enable the participants’ disclosed data to be available to designers, building operators and energy management professionals, municipalities, researchers and the public. Participants will be required to disclose data from their buildings, both good and bad performers, to complete the challenge.

“Triovest supports the adoption of a harmonized approach to disclose building energy and emissions performance data in Canada,” said Philippe Bernier, Vice President, Innovation and Sustainability at Triovest. “Triovest is committed to transparency, energy and emissions reductions, and responsible management. We find that when we share our sustainability performance information and objectives publicly, it compels us to deliver outstanding results.”

The results of the initiative will be made publicly available at CaGBC’s Building Lasting Change conference in May, and a final report will be released in the fall of 2019, with key findings and recommendations on next steps to drive greater energy disclosure adoption. The CaGBC Disclosure Challenge was made possible through financial contributions from the Government of Canada (Natural Resources Canada). Additional support was provided by QuadReal and the Real Estate Foundation of B.C.

Share:

Other News

Triovest Wins 2022 National Pinnacle Award

1 Prologis Boulevard at Mississauga Gateway Centre Receives BOMA BEST Gold Certification

2-8 Prologis Boulevard at Mississauga Gateway Centre Receives BOMA BEST Gold Certification

Blog: Canada’s demographic trends fuel stability for CRE investors

Blog: Making ESG goals a reality

9925 Building Team Wins Operations Team of the Year Award

Lululemon to Open Flagship Store at 2 Bloor W

Triovest Acquires Warehouse Facility in Mississauga

Blog: Investing in Canadian Commercial Real Estate

Triovest Joins FSB Task Force

4455 Rue Cousens Acquisition

Harwood Business Park Development

Acquisition of 22-Acres in Pickering, Ontario

Cathedraltown Acquisition

1-8 Prologis Wins International TOBY Award

Triovest Recognized with Multiple Honourable Mentions at BOMA Toronto’s 2021 CREST Awards

Triovest Adds VTS Lease Technology to its Operating Platform

Triovest Acquires 525,000 SF of Logistics Space in Etobicoke

New 55+ Residential Development for Taunton Gardens

Triovest Achieves 4 Stars in 2020 GRESB Assessment

Triovest Appoints a New President and CEO

Coril Welcomes Mark Renzoni and David Gerofsky to the Board of Directors

Triovest Supports Fitwel Viral Response Module

Leading Sustainability Performance at the 2020 HOOPP LEAP Awards

ATB Operations Team Wins Building Operations Team of the Year Award

Triovest Joins Fitwel Champions Program

Triovest Receives 2020 Employee Recommended Workplace Award

Atrium Receives LEED Gold and Energy Star Certifications

Triovest Recognized by Edmonton Building Energy Benchmarking Program

Triovest’s 2019 GRESB Score Among Best in Canada

Three Wins for Triovest at the 2019 BOMEX Awards

Triovest Presents its 2018 Sustainability Report

Jean-Marie Saint-Georges Inducted to the HOOPP LEAP Hall of Fame

Trio of Wins at the 2019 HOOPP LEAP Awards

Triovest Receives Management of Atrium on Bay

Triovest Receives Canada’s Greenest Employer Recognition

Triovest Recognized as a 2019 Employee Recommended Workplace

Triovest Joins ‘Disclosure Challenge’ to Champion Building Data Transparency

Triovest Wins 2019 BOMA Pinnacle Innovation Award

Keynote Tower First in Calgary to Achieve Gold Wired Certification for Best-in-Class Internet Connectivity

Happy Holidays from Triovest

6880 Financial Drive Achieves Rick Hansen Certification

Triovest Celebrates Final Phase of Construction at River Landing

Triovest Recognized Globally for Sustainability Achievements

6880 Financial Drive Reaches for the Star!

Triovest Receives Kingsett Innovation Award

Triovest Presents its 2017 Sustainability Report

Triovest Recognized as a Green Lease Leader

2 Bloor Street West Achieves Platinum Wired Certification for Best-in-Class Internet Connectivity

Triovest Achieves its Strongest Performance at the HOOPP LEAP Awards

Triovest Receives Green Lease Leader Recognition

Triovest Recognized as an Employee Recommended Workplace

Official Ground Breaking Kicks Off Development of Sugar Wharf

Triovest Launches Spectrum Square Phase Two

Triovest Wins the Industrial Lease of the Year at REX Awards

Triovest Awarded with Best Peer-Reviewed Sustainability Report

Triovest Achieves Five Green Stars in 2017 GRESB Assessment

Triovest Awarded Management of Spectrum Square in Mississauga

The HUB at King George Station and Marine Gateway Achieve LEED® CS Gold

Triovest receives BOMA Certificate of Excellence for 11 King Street West

Triovest Presents its 2016 Sustainability Report

High Energy Star Scores for two Triovest Properties

Triovest Shows Sustainability Leadership at HOOPP LEAP Awards with Five Wins

Centrium Place, Calgary, Earns LEED® EB:O&M Gold

1 Prologis Blvd, Mississauga, Earns LEED® CS Gold

Triovest Applies its New Mission at Centre on Barton

Alan MacKenzie Appointed to President of Triovest Realty Advisors

ATCO Centre Receives BOMA Edmonton Earth Award

Triovest Supports Anti-Bullying Across Canada

ATB Place Achieves LEED® EB:O&M Gold Certification

Triovest Presents its 2015 Sustainability Report

Three Wins at UDI Awards for Triovest Managed Properties

Triovest’s “TESA” Wins the 2016 BOMA Canada Pinnacle Award for Innovation

Triovest Awarded Four Green Stars in the 2016 GRESB Real Estate Assessment

Triovest Breaks Ground at River Landing

Triovest Realty Advisors and Balboa Investments Announce Unification

Saks Fifth Avenue OFF 5TH to Open at Skyview Power Centre

Triovest Shows Sustainability Leadership at HOOPP LEAP Awards with Seven Wins

Marine Gateway Wins Mixed Use Development Award

John Crombie to Receive a 2016 Researcher Award

Seven Wins for Triovest at Recent BOMA Awards

Triovest Represents Greystone Managed Investments Inc. in the Acquisition of a $260 Million Development on Toronto’s Waterfront Anchored by the LCBO

Skyview Power Centre Offers Support for Fort McMurray Residents

Yves-André Godon Moderates Panel at MREF

WELCOME TO THE NEW TRIOVEST.COM

ATB Place Wins TOBY Award

Three BOMA BEST Gold Certifications for Triovest

Triovest Presents Inaugural 2014 Sustainability Report

National Retail Portfolio Achieves BOMA BEST Certification

River Landing Acquisition

Triovest Acquires Staff from Mackenzie Goulais Inc.

2014 Sustainability Report

Triovest Appointed Manager of 2 Bloor Street West

Triovest Takes Over Management of 5150 Spectrum Way

Triovest Acquires RBC Meadowvale Campus

ATB Place Honoured with BOMA Canada’s National Earth Award

Triovest Wins Canada’s 2016 Clean50 Project Award

Philippe Bernier Honoured with Canada’s 2016 Clean50 Emerging Leader Award

Yves-André Godon on Panel for GRESB Results

Keynote Office Tower 1 Receives LEED EB Gold

Triovest Awarded Management of Wellington Commons

Triovest Awarded Green Star in the 2015 Global Real Estate Sustainability Benchmark

Yves-André Godon Appointed COO of Triovest

Four LEAP Awards for Triovest

Triovest Receives Three BOMA BESt Certificates of Excellence

Triovest Implements an Innovative Sustainability Management System

Triovest Featured in 2015 BOMA BESt National Green Building Report

Triovest Demonstrates Sustainability Thought Leadership by Solidifying Its Priorities

Triovest Receives Seven Awards at BOMA Gala

Vince Brown Appointed President & CEO of Triovest

320 Bay Street Achieves BOMA BESt Certification

720 King Street West Achieves LEED EB:OM Gold

Triovest Announces Two Senior Appointments

Sunnyside Mall Supports Local Talent with a Design & Artistry Showcase

4321 Still Creek Drive Earns Silver LEED EB:OM Certification

18,103 Trans-Canada Wins the HOOPP 2014 LEAP – Industrial Tenant Leader Award

5799 Route de L’Aèroport Wins the HOOPP 2014 LEAP – Industrial Engagement Leader Award

400 St. Mary Avenue Wins HOOPP 2014 LEAP – Energy Saver Award

4321 Still Creek Drive Wins EARTH Award

Triovest Awarded with a TOBY® and Certificate of Excellence Award for Centrium Place in Calgary

Great Plains I Awarded with Service Excellence

Triovest’s Property Management Team in Calgary Receives President’s Award for Sustainability

Triovest Receives a BOMA Certificate of Excellence for Foresters Centre

Triovest Creates UnCANny Art for Canstruction Vancouver

Triovest to Take Part in Canstruction Vancouver

WestHills Towne Centre Receives BOMA BESt Level 3 Certificate of Achievement

Certificate of Excellence for ATB Place in Edmonton

Construction to Begin on Industrial Development in Halton Hills

Triovest Acquires Asset Management Responsibilities for a Portfolio of Properties in Quebec

Property Management Team of the Year Award for Edmonton

Triovest Acquires 8530 Cambie Street in Vancouver, BC

Triovest Acquires a Large Industrial Development Site in Halton Hills

Gold and Platinum Marcom Awards for Two Triovest Earth Initiative Marketing Campaigns

Triovest Opens a New Office in Saskatoon

Skyview Power Centre in Edmonton Achieves BOMA BESt Level 2

Triovest Receives Three BOMA BESt Certificates of Achievement in Montreal

Scottsdale Centre Achieves BOMA BESt Certification

Triovest Acquires One of the Largest Fully Serviced Industrial Development Sites in Greater Montreal

Triovest Acquires a 240 Acre Development Site in Calgary

Eastgate Square Wins Marketing Award at ICSC

Triovest Announces Two Executive Appointments: New President and Chief Operating Officer

HOOPP Honours Triovest with Two LEAP Awards

Cross Roads Achieves BOMA BESt Level 3 Certification

Exciting New Mixed-Use Development Begins in Waterloo

South Fraser Industrial Centre Acquisition, Delta, British Columbia

BOMA BESt Certificate of Achievement for Keynote Office Tower in Calgary

Triovest Nominated as Global Finalist for Best First-Time Sustainability Report